It’s not a surprise that his weird decisions and advertiser escapes has diminished the value. $19 billion is still quite a large company. For example, the most expensive thing I own is way cheaper than $19 billion.
Incidentally, Twitter stock price in March 2022, before Musk announced the acquisition, was about $32. So in a sense, it was worth $25 billion at that point.
It’s not a surprise that his weird decisions and advertiser escapes has diminished the value. $19 billion is still quite a large company. For example, the most expensive thing I own is way cheaper than $19 billion.
Incidentally, Twitter stock price in March 2022, before Musk announced the acquisition, was about $32. So in a sense, it was worth $25 billion at that point.